Crown Resorts Ltd (ASX: CWN)

CWN Technical Analysis

3

As on
9th Dec 2016 CWN Share Price closed @
11.40 and we RECOMMENDSell
for LONG-TERM with Stoploss of
12.22 &
Sell for SHORT-TERM with Stoploss of
11.66
we also expect STOCK to react on Following IMPORTANT LEVELS.

Crown Resorts Limited operates in the gaming and entertainment industry primarily in Australia. The company owns and operates two integrated resorts, including Crown Melbourne in Melbourne and Crown Perth in Perth. Its Crown Melbourne comprises 2,500 electronic gaming machines; the Crown Towers Melbourne hotel with 481 guest rooms, Crown Metropol Melbourne hotel with 658 guest rooms, and Crown Promenade Melbourne hotel with 465 guest rooms; a conference centre; banqueting facilities; restaurants and bars; designer boutiques and retail outlets; entertainment facilities, such as a multi-screen cinema complex, a bowling alley, and an interactive gaming auditorium; and 2 day spas. The companys Crown Perth includes Crown Metropol Perth hotel has 395 guest rooms, Crown Promenade Perth hotel has 291 guest rooms, a 2,300-seat Crown Theatre Perth, restaurants and bars, a day spa, and retail outlets. It also owns and operates the Crown Aspinalls, a high end casino in London. The company was formerly known as Crown Limited and changed its name to Crown Resorts Limited in October 2013. Crown Resorts Limited is based in Southbank, Australia.

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